Research Frontiers (NASDAQ:REFR) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Shares of Research Frontiers Incorporated (NASDAQ:REFR - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.48 and traded as high as $1.72. Research Frontiers shares last traded at $1.70, with a volume of 37,967 shares changing hands.

Research Frontiers Stock Performance

The company has a market capitalization of $61.34 million, a P/E ratio of -61.00 and a beta of -0.09. The firm has a 50 day moving average price of $1.24 and a two-hundred day moving average price of $1.49.

Research Frontiers (NASDAQ:REFR - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The technology company reported ($0.02) EPS for the quarter. The business had revenue of $0.18 million for the quarter. Research Frontiers had a negative return on equity of 38.15% and a negative net margin of 80.60%.

Institutional Trading of Research Frontiers

Several hedge funds have recently added to or reduced their stakes in the business. Focus Partners Wealth acquired a new stake in Research Frontiers during the 4th quarter worth $1,708,000. Raymond James Financial Inc. bought a new stake in shares of Research Frontiers in the fourth quarter valued at about $28,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of Research Frontiers by 34.2% in the fourth quarter. Renaissance Technologies LLC now owns 98,069 shares of the technology company's stock valued at $168,000 after purchasing an additional 24,969 shares in the last quarter. Institutional investors and hedge funds own 11.91% of the company's stock.

About Research Frontiers

Research Frontiers Incorporated engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.